One of the biggest advantages to real estate investing is using other people’s money. That said, it’s only an advantage if you can actually get a loan.
Author Andrew Syrios
Evaluating a property is one of the most important aspects of investing. Luckily, most of what you’ll need is available for free if you know where to look.
Anyone who has been in property management long enough will have a few tenant horror stories. So let us begin down this frightening path.
This article will give an example of when everything goes right. Indeed, pound for pound, this deal is one of our best deals ever, if not the best.
Any time you can BRRRR out with no cash left in the property, that’s a deal worth celebrating. Here’s how I achieved that with my latest rental.
Interest-based negotiation allows you to work on the same side to find a solution rather than as antagonists. In other words, it’s a win-win.
Recently we just completed our largest refinance to date as we refinanced 11 houses, 2 duplexes, and a fourplex. Believe it or not, our strategy was simple.
Indeed, there are a thousand uses of the scarcity principle. The important thing is simply to remember it exists, both when selling and when being sold.
Argument from authority is a well known logical fallacy. Just because Socrates—or even Joshua Dorkin himself—said something, well, that don’t make it true.
It may seem obvious, but it’s hard to understate how important rapport is when it comes to real estate or other business. Still, many of us shrug it off.
Social proof could be boiled down to “monkey see, monkey do.” Peer pressure didn’t die in high school, folks—and you take advantage of it when investing.
We humans are an interesting species. One of the odd peculiarities about our psyches is the need for consistency. Here’s how that plays into sales.
You catch more flies with honey than vinegar, the saying goes. And it applies in more situations than just being kind to others so they’ll be kind to you.